Axis Trustee Services Discloses Pledge of 2,664,580,360 YES Bank Shares by Verventa Holdings Ltd Under SEBI Takeover Regulations

Axis Trustee Services Limited has filed a regulatory disclosure under Regulation 29(1) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (the "Takeover Code"), pertaining to the creation of a pledge over equity shares of YES Bank Limited by Verventa Holdings Ltd ("VHL"). The disclosure, dated May 13, 2026, was submitted to BSE Limited and the National Stock Exchange of India Limited, with a copy marked to YES Bank Limited.

Pledge Creation and Facility Background

The pledge was created in connection with a facility agreement dated April 15, 2026, entered into between VHL (as borrower) and certain lenders. Under this arrangement, VHL has pledged its entire holding of equity shares in YES Bank Limited in favour of Axis Trustee Services Limited, acting as the onshore security agent for the benefit of the lenders. The encumbrance was created with effect from May 11, 2026.

The lenders under the facility, as at the date of the disclosure, include:

Deutsche Bank Aktiengesellschaft

Nomura Singapore Limited

Citibank N.A., London Branch

Certain other lenders

Details of Shares Pledged

The following table summarises the key details of the encumbrance disclosed under Part-A of the regulatory filing:

Parameter: Details Target Company: YES Bank Limited Acquirer/Security Agent: Axis Trustee Services Limited (Onshore Security Agent) Pledgor: Verventa Holdings Ltd Number of Shares Pledged: 2,664,580,360 equity shares % of Total Share/Voting Capital: 8.49% % of Total Diluted Share/Voting Capital: 8.39% Date of Encumbrance Creation: May 11, 2026 Mode of Acquisition: Creation of encumbrance (pledge) Facility Agreement Date: April 15, 2026

Share Capital of YES Bank Limited

The equity share capital of YES Bank Limited before and after the creation of the pledge remains unchanged. The table below presents the relevant capital structure details:

Capital Parameter: Details Total Paid-Up Equity Shares (Before & After): 31,379,757,057 fully paid up equity shares of INR 2/- each Total Diluted Share/Voting Capital (After): 31,761,663,732 equity shares of INR 2/- each (31,379,757,057 fully paid up equity shares + 381,906,675 shares underlying outstanding convertible securities)

Additional Security Arrangements

Separately, security has also been created on all shares of VHL by Verventa Midco Limited ("VML") in favour of DB Trustees (Hong Kong) Limited, acting as security agent, for the benefit of the lenders pursuant to a share pledge agreement dated April 15, 2026. Additionally, certain restrictions were placed on VHL in relation to its shares in YES Bank Limited with effect from April 20, 2026. DB Trustees (Hong Kong) Limited filed separate disclosures in relation to these arrangements on April 21, 2026 and April 22, 2026, respectively. The same shares are also being disclosed as encumbered pursuant to the current filing by Axis Trustee Services Limited.

Nomura Singapore Limited's Independent Interest

As on May 11, 2026, Nomura Singapore Limited, being one of the lenders, independently holds an interest in 18,877,700 equity shares of YES Bank Limited (pursuant to certain futures), aggregating to approximately 0.06% shareholding in the target company. Axis Trustee Services Limited has clarified that, as at the date of this disclosure, it does not hold any beneficial interest in the pledged shares and holds them solely in its capacity as pledgee under Regulation 29 of the Takeover Code.

YES BANK LIMITED has informed the stock exchanges of its upcoming participation in an analyst and institutional investor conference, in compliance with Regulation 30 read with clause 15 of Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was made on May 13, 2026, and pertains to an advance intimation of the scheduled investor engagement.

Investor Meet Details

The bank is set to participate in the JM Financial India Finance Forum, a physical conference to be held in Mumbai. The event will feature both group meetings and one-on-one (1x1) sessions with analysts and institutional investors. The key details of the scheduled event are as follows:

Parameter: Details Event Name: JM Financial India Finance Forum Date: June 22-24, 2026 Mode: Physical Nature of Meeting: Group / 1x1 Meetings Location: Mumbai

Regulatory Compliance and Disclosures

The bank has noted that the schedule is subject to change due to exigencies on the part of investors or the bank. A list of participants will be submitted post the investor meet. YES BANK LIMITED has explicitly stated that no unpublished price sensitive information is proposed to be shared during the meetings or calls.

The information is being hosted on the bank's website at www.yes.bank.in pursuant to the applicable Listing Regulations. The disclosure was signed by Sanjay Abhyankar, Company Secretary, on behalf of YES BANK LIMITED, on May 13, 2026.

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